ABBV up;respecting wma50 despite LABU biotech 3x etf falling 10%
ABBV is one of Warren Buffet’s holding in BRK.B. It has been respecting the weekly wma50 for a long time while holding an uptrend.
I think the sentiment has been too bearish & a shortterm rebound in the general market is due in the next few days.
Not trading advice.3
I think the sentiment has been too bearish & a shortterm rebound in the general market is due in the next few days.
Not trading advice.3
Kommentar:
It should break above 150 & the blue wedge in the next few days to be bullish. Otherwise, it will retest the base of the wedge.